SEC Form 4 · accession 0001287151-15-000040
XERIUM TECHNOLOGIES INC · XRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin McDougall
Officer — EVP and General Counsel
Period of report
Mar 31, 2015
Accepted (ET)
Apr 2, 2015 · 4:12 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001287151
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 31, 2015 | A | 4,638 | $0.00 | A | 38,852 | D | |
| Common StockF3,F2 | Mar 31, 2015 | F | 1,907 | $16.22 | D | 36,945 | D | |
| Common StockF4,F5,F2 | Apr 1, 2015 | F | 822 | $16.22 | D | 36,123 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Delivery of shares underlying performance-based awards granted under the 2012-2014 Executive Long Term Incentive Plan.
- F2A portion of this amount represents shares of common stock underlying Restricted Stock Units.
- F3Represents shares withheld by the Company to satisfy tax withholding obligation upon vesting and delivery of shares underlying performance-based awards granted under the Company's 2012-2014 Executive Long Term Incentive Plan.
- F4Represents shares withheld by the Company to satisfy tax withholding obligation upon vesting and delivery of shares underlying time-based Restricted Stock Units granted under the 2012-2014 Executive Long Term Incentive Plan.
- F5In accordance with the terms of the Time-Based Restricted Stock Units Agreement under the 2012-2014 Executive Long Term Incentive Plan, the Company uses the closing price of the Company's common stock on the day preceding the transaction date to determine the tax withholding amounts.